Lightinthebox Holding Intrinsic Value Calculation – LIGHTINTHEBOX HOLDING Reports Earnings for First Quarter of Fiscal Year 2023
June 3, 2023
🌥️Earnings Overview
LIGHTINTHEBOX HOLDING ($NYSE:LITB) announced its first quarter earnings for 2023 on March 31. This quarter saw a total revenue of USD 147.8 million, a 57.6% increase from the same period in the previous year. There was also a net income improvement, rising from -5.5 million to -4.0 million.
Stock Price
The stock opened at $1.7 and closed at $1.3, resulting in a 7.0% decrease from the last closing price of $1.4. The company attributed the lower earnings to increased costs associated with their global growth and investments in new projects. These investments included expanding their e-commerce platform across multiple global markets, as well as launching new product lines and features to better serve their customers. Despite the lower earnings reported in the first quarter, LIGHTINTHEBOX HOLDING remains confident in their long-term growth potential.
They are investing heavily in research and development, as well as marketing and advertising, to ensure they remain competitive in their industry. Overall, while the first quarter earnings were lower than expected, LIGHTINTHEBOX HOLDING remains committed to their long-term growth objectives and is confident that their investments will pay off in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Lightinthebox Holding. More…
| Total Revenues | Net Income | Net Margin |
| 557.58 | -55.03 | -1.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Lightinthebox Holding. More…
| Operations | Investing | Financing |
| 35.83 | 2.05 | -0.04 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Lightinthebox Holding. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 142.44 | 142.32 | 0 |
Key Ratios Snapshot
Some of the financial key ratios for Lightinthebox Holding are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 31.7% | – | -12.1% |
| FCF Margin | ROE | ROA |
| 6.3% | -2112.9% | -29.7% |
Analysis – Lightinthebox Holding Intrinsic Value Calculation
At GoodWhale, we have conducted a thorough analysis of LIGHTINTHEBOX HOLDING‘s fundamentals to determine its true worth. After our analysis, we have calculated that the company’s fair value is around $2.0 per share. However, the stock is currently trading at $1.3, which represents a 36.1% discount to its true worth. This suggests that LIGHTINTHEBOX HOLDING is currently undervalued, and represents an excellent investment opportunity for savvy investors. More…
Peers
LightInTheBox Holding Co Ltd is an e-commerce company that specializes in selling a wide range of products, including apparel and accessories, home and garden items, electronics, and more. It competes within the industry with Hyundai Home Shopping Network Corp, Hour Loop Inc., and Zibuyu Group Ltd. All four companies strive to bring customers the best products and services at the lowest prices.
– Hyundai Home Shopping Network Corp ($KOSE:057050)
Hyundai Home Shopping Network Corp is a South Korean e-commerce and media company that operates retail websites and television shopping channels in Korea. It is one of the largest home shopping companies in the country. The company has a market capitalisation of 557.51B as of 2023. This is indicative of the company’s strong financial position and strong performance in the market. In addition, the company has a return on equity of 3.41%, which demonstrates its ability to generate profits from its shareholders’ investments.
– Hour Loop Inc ($NASDAQ:HOUR)
Loop Inc is a software development company that specializes in engineer productivity and creating automated software engineering solutions. It has achieved considerable success since its launch in 2023, with a market cap of 76.04 million and a Return on Equity (ROE) of 19.6%. The company’s market cap reflects its overall value, which is calculated by multiplying the company’s current stock price by the total number of outstanding shares. The ROE, meanwhile, reflects its ability to generate profits relative to the amount of equity used in its operations. Loop Inc has successfully leveraged its innovative software solutions to create value for shareholders and customers alike.
– Zibuyu Group Ltd ($SEHK:02420)
Zibuyu Group Ltd is a leading global technology company that specializes in software and electronics. As of 2023, it has a market cap of 2 billion dollars, indicating that it is a powerful and well-respected business. Its Return on Equity (ROE) of 28.14% also demonstrates the company’s strong financial performance. This indicates that the company’s management is highly effective at utilizing its equity to generate value for shareholders. Zibuyu Group Ltd is well-positioned to continue its impressive growth trajectory in the coming years.
Summary
Investors in LIGHTINTHEBOX HOLDING may be pleased with the company’s performance as reported for the first quarter of fiscal year 2023. Despite the pandemic, the company was able to grow its total revenue by 57.6% compared to the same period last year, and also saw improvement in net income, from a loss of -5.5 million in the previous year to -4.0 million in the current quarter.
However, stock prices moved down on the same day, suggesting that investors are expecting more from the company in the coming quarters. This could be an opportunity for investors to buy the stock at a more attractive price. Overall, it appears that LIGHTINTHEBOX HOLDING is on a positive trajectory in terms of revenue and profitability.
